Should I buy this used car?

Asked by Nov 09, 2014 at 03:20 PM about the 2009 Honda Civic EX

Question type: Shopping & Pricing

My buddy just paid off his Honda 09 EX with 127 thousand miles on it and is willing to sell it to me for 5,500. He let me take it on an hour long test drive and it ran absolutely fine, he changes the oil regularly and I know for fact he drives easy and takes it the best mechanic in town. I currently own a 92 Oldsmobile 88 with 131 thousand miles on it. It runs fine now and I just got done putting 700 on it (new fuel tank and CV shaft and Crankshaft sensor).... One of the biggest uncertainties in this for me though is that I'm 25 years old with no credit, I live with my parents and my 13,000$ is the only thing I have going for me financially and I'm afraid to shrink that down. What would you do?

3 Answers

10

According to CarGurus and KBB, $5500 is well below fair market value. However, sounds like he drove the hell out of that car. 127k miles on a 5 y/o car is a TON. Personally I would never buy a car with that many miles to start no matter what the make or model. Unless you absolutely need a new car, I would probably just hold off, especially since you just dropped $700 into the car you are currently driving. And get yourself a credit card to start building up credit!

1 of 1 people found this helpful.
1,065

You did not state whether the car is an EX or EX-L nor 2 or 4 door...trade in value for 4 door with that mileage is about 4800 (lo EX) -6200 (Hi EX-L). Mileage: You also did not state where the car has spent its life. I know people that live in west (CO, UT, AZ) that drive almost 100 miles one way to work - if the car was originally put into service late 2008 (as a new 2009 model) and spent alot of time highway driving then 21K per year is not out of normal range...on the other hand living in northeast where people commute 5-20 miles one way in stop and go northeast corridor driving , 127k miles is absolutely high. I would think the 2009 civic is safer than the 92 olds (insurance may actually be less)- airbags, antilock, and probably gets better fuel mileage so at 5500 for the civic, fuel savings over time and money from sale of the olds you would probably break even on money spent relatively quickly depending on how much you drive and whether the civic needs any repairs.

2 of 2 people found this helpful.
335

If you don't but it, I'd like to look at it...

Your Answer

Civic

Looking for a Used Civic in your area?

CarGurus has 64,295 nationwide Civic listings starting at $999.

ZIP:
Get More Money for Your Car
Be seen by 20 million shoppers. Create Your Free Listing

Honda Civic Experts

  • #1
    Tom Demyan
    Reputation
    1,120
  • #2
    Takoda Fraser
    Reputation
    1,030
  • #3
    Jonathan Ford
    Reputation
    1,010
View All

Related Models For Sale

Used Honda Accord
1,123 Great Deals out of 67,062 listings starting at $561
Used Toyota Corolla
939 Great Deals out of 61,002 listings starting at $850
Used Honda Civic Coupe
171 Great Deals out of 12,800 listings starting at $1,695
Used Toyota Camry
967 Great Deals out of 91,674 listings starting at $300
Used Nissan Altima
1,132 Great Deals out of 80,112 listings starting at $1,500
Used Honda CR-V
738 Great Deals out of 59,827 listings starting at $999
Used Mazda MAZDA3
388 Great Deals out of 26,961 listings starting at $899
Used Hyundai Elantra
623 Great Deals out of 51,373 listings starting at $1,780
Used Ford Mustang
567 Great Deals out of 36,996 listings starting at $2,595
Used BMW 3 Series
1,084 Great Deals out of 34,190 listings starting at $1,000
Used Honda Accord Coupe
157 Great Deals out of 7,369 listings starting at $2,000
Used Ford Focus
763 Great Deals out of 58,105 listings starting at $1,150
Used Toyota Tacoma
682 Great Deals out of 46,476 listings starting at $2,700
Used Hyundai Sonata
821 Great Deals out of 55,210 listings starting at $1,500

Used Cars For Sale

2017 Honda Civic EX For Sale
10 Great Deals out of 6,199 listings starting at $15,800
2016 Honda Civic EX For Sale
13 Great Deals out of 461 listings starting at $13,995
2015 Honda Civic EX For Sale
30 Great Deals out of 951 listings starting at $9,866
2014 Honda Civic EX For Sale
50 Great Deals out of 1,099 listings starting at $8,999
2013 Honda Civic EX For Sale
5 Great Deals out of 348 listings starting at $7,000

Content submitted by Users is not endorsed by CarGurus, does not express the opinions of CarGurus, and should not be considered reviewed, screened, or approved by CarGurus. Please refer to CarGurus Terms of Use.